PHP/HKD: what to know
The PHP/HKD rate shows how much HKD you get for 1 PHP. Right now, 1 PHP buys 0.1228 HKD at the mid-market rate. In the other direction, 1 HKD is worth 8.1462 PHP.
In the short term PHP is driven mainly by overseas remittances and trade flows, while HKD responds to its peg to the US dollar.
The Philippine Peso (PHP) is issued by Bangko Sentral ng Pilipinas. The Philippines is the only Asian country with a currency called the “peso” — a legacy of Spanish rule. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.